---
title: "How do I roll or unwind a futures contract?"
slug: "how-do-i-roll-or-unwind-a-future"
updated: 2025-05-12T16:25:46Z
published: 2025-05-12T16:25:46Z
canonical: "support.lusid.com/how-do-i-roll-or-unwind-a-future"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://support.lusid.com/llms.txt
> Use this file to discover all available pages before exploring further.

# How do I roll or unwind a futures contract?

You can manage your upcoming futures contract expirations using the Rebalance dashboard. LUSID generates the suggested orders for you to:

- Unwind a futures contract, that is, sell out of the position
- Roll a futures contract, that is, replace the futures contract with an equivalent futures contract with a later maturity date

To do so:

1. Sign in to the [LUSID web app](https://www.lusid.com/app) with suitable credentials.
2. Navigate to **Portfolio Management > Rebalance** via the top left menu.
3. Choose your Rebalance dashboard configuration [as usual](/v1/docs/configuring-rebalancing-use-cases-in-the-rebalance-dashboard).
4. Select one or more `Future` holdings that you wish to roll or unwind. Note you can select all rows in the Rebalance grid to manage all of your `Future` holdings at once. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(639).png)
5. Select the **Options** icon > **Unwind / Roll**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(635).png)
6. Select **Unwind** or **Roll** from the **Unwind / Roll** dropdown. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(636).png)
7. If you select:
  - **Unwind:** LUSID suggests an order to sell out of the position. If you wish to proceed with the order, click **Create**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(637).png)
  - **Roll:** LUSID suggests orders to:

You can make any adjustments to the new `Future` order [as usual](/v1/docs/how-do-i-create-an-order), then select **Create**. ![](https://cdn.document360.io/d575ad81-c0ed-4980-bbd1-d59ac5c3de82/Images/Documentation/image(638).png)
    - Sell out of the current position
    - Prompt you to select an extended `Future` to buy at the current market price

Once you click **Create**, LUSID [creates](/v1/docs/understanding-how-lusids-order-management-system-works) and [blocks](/v1/docs/what-is-order-blocking-in-lusid) orders for each instrument to be traded. You can use the Order Blotter to manage and monitor your orders and executions as usual. [Read more.](/v1/docs/how-do-i-block-orders)

> [!NOTE]
> Note
> 
> For future roll orders, LUSID can block orders for multiple different sides together. For each order, LUSID looks up the transaction type configuration role to determine the direction of the order. [Read more.](/v1/docs/how-do-transaction-type-class-and-roles-work)